21 July 2011
My organisation is a listed one, basically a trading entity.However, one of my business unit deals in real estates on which service tax rules andregulations are applicable. This unit pays service tax and claims cenvat while the trading unit does not claim any cenvat although it is also involved in providing some services on which it charges service tax and pays the same to the government.The services provided by the trading unit is that of the window display charges and royalty and franchise fees.my query is whether the organisation as a whole inclusive of both units can claim cenvat . Kindly also provide circular or rule for reference